The timely acquisition of Quicke tractor loader manufacturer Ålö Holding last year – see Ag Equipment Intelligence online April 28, 2020 – cushioned new owner Jost group from the effects of a weak commercial vehicle market.
Consolidated into group reports from the beginning of February last year, the global leader in agricultural loaders contributed €175.7 million ($213.1 million) or just under a quarter of Jost-Werke’s €794.4 million ($970 million) net sales.
Over the full calendar…
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Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.
